TOP 100 FINANCIAL SITES
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| Tiffany's Forecast Sparkles Tiffany boosted its fiscal 2008 earnings forecast above its two previous forecasts and Wall Street estimates, on expectations for a rise of at least 10% in world-wide sales. Its shares rallied. online.wsj.com |
Citi cuts natural gas producers ahead of spring Citi took a cooler view toward four oil and gas producers Wednesday as its analysts cut ratings ahead of warmer weather and a double-digit run-up in share prices this year. feeds.marketwatch.com |
Crude prices refresh records on weak dollar Crude oil futures refreshed record highs Thursday on the weakening U.S. dollar. Light, sweet crude for April delivery was up 41 cents to 110.33 dollars a barrel on the New York Mercantile Exchange after hitting111 dollars a barrel. ... english.people.com.cn |
Big loss forces Ospel off UBS throne UBS AG, battered by the biggest writedowns from the collapse of the US subprime mortgage market, reported a 12 billion-franc ($11.9 billion) first-quarter loss and said Chairman Marcel Ospel will step down.The bank will seek 15 billion ... english.people.com.cn |
National City raises $7B in capital, but posts 1Q loss CLEVELAND (AP) -- National City Corp., a largely Midwestern bank reeling from steep mortgage losses, said Monday it had secured a $7 billion cash infusion from equity investors but slashed its dividend and reported a $171 million loss for the first quarter. Its shares sank almost 28 percent by early afternoon.... hosted.ap.org |